1 bedroom condo for sale

Overview

Come and experience the tropical waves at Waves 600 in St. Pete Beach. Picture the thrill of informing your friends that you've just acquired a beach rental at one of Americas top-rated beaches, or spontaneously heading to the Gulf of Mexico for a last-minute trip and having a place to call your own. This building comprises 19 units designated for vacation rentals. Renting out your condo is welcomed with a minimum rental period of 3 days, allowing for up to 121 rentals per year. There's no requirement to own for a minimum duration before utilizing it as a rental property. The condo is conveniently located a mere 5-minute walk from Upham Beach on the north end of St. Pete Beach. If you prefer not to rent a car, you can have an Uber drop you off at the condo, or utilize designated parking space #17, which can accommodate two compact cars in tandem. Youll find an abundance of restaurants, beach bars, shopping outlets, and entertainment options nearby. Whether you want to bask in the sun on the white sands of the Gulf or engage in thrilling activities like parasailing, paddleboarding, kayaking, and jet skiing, you can enjoy the full beach experience. Unit #17 is situated in one of the best locations in the building: the top floor with no unit above, offering a pleasant view of the pool without being directly adjacent to it. It comes fully furnished with a queen sofa bed, lounger love seat, kitchen table, barstools, king bed, large dresser, stackable washer and dryer in bedroom closet, dishware, and kitchen appliances. The artwork and wooden antique chair in the living room does not convey with the purchase. Unlike some rental units in the area, this condo has its own washer and dryer, enhancing its appeal to vacationers. Additionally, the condo features four closets, including a private keypad-locked storage space for owners. The living room closet is perfect for storing beach equipment. Recent upgrades within the past three years include a Trane A/C, water heater, Eaton electrical panel, all light fixtures including new recessed lighting, matching rocker light switches, two modern white Hunter fans with remotes, recessed lighting in the living room and over the breakfast bar, microwave, kitchen faucet, bright white paint, retractable screen storm door, and custom blinds. The consistent tile flooring throughout the condo facilitates easy cleanup after sandy beach days. When you want a break from the beach, unwind by the beautifully maintained heated pool. The association has completed numerous upgrades in the past five years, including the resurfacing of the pool and a new roof in March 2024. Although the property is in a flood zone, the association covers flood insurance for the exterior of the building, and lenders do not require flood insurance for units on the second floor. Since the association owns the land, there are no additional land lease fees. With a reasonable monthly condo fee of $384 and an annual fee to the association for a 5.7% share of the entire building's insurance costs, this property is an attractive investment opportunity for vacation rental ownership. The association covers the monthly costs of cable, internet, water, and trash. You only pay and keep track of the electric bill. How convenient. With an easy keypad system to get renters through the front door, it is ready for you to take ownership and start generating rental income. Contact your Realtor for a link to the virtual tour and a copy of the feature sheet.